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Listing provided courtesy of Brookline Real Estate LLCMREDas Distributed by MLSGrid- MLS# 12561089MLS Provider

626 River Oaks DriveCalumet City, IL 60409

Commercial · 12,855 Sq. ft.
$1,225,000 Active

626 River Oaks Drive Overview

Time on Site:
145 days
Visits:
2

Presenting the opportunity to acquire a Dollar General Redevelopment NNN investment positioned in a strong, transit-oriented location in the Chicago suburb of Calumet City. 626 River Oaks Drive contains 12,855 square-feet and is situated on approximately 0.66 acres. Near IL/IN state line at the northwest corner of River Oaks Road and Burnham Avenue, the property benefits greatly from its position next to McDonald's and Dunkin', and a few blocks from River Oaks Mall. The brick construction building has been remarkably-maintained and offers its visitors 38 total parking spots in accessible front and side lots. Multiple entrances on River Oaks Drive and access from Burnham Avenue aid traffic flow and allow the business to operate smoothly. Currently in year three of a ten-year corporate lease, Dollar General has shown stability and continued success at the location. This asset is being offered at a 7.75 CAP rate with tremendous cash flow and continued growth.

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626 River Oaks Drive Facts & Features

  • Type Commercial
  • Sq. ft. 12,855
  • Price/Sq.ft. $95

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 95000

Building Information

  • Year Built: 1998

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Calumet City
  • Township: Thornton

Tax Information

  • Tax Annual Amount: $34,726.00
  • Tax Year: 2023

General Information

  • Parcel Number: 30192040050000
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 12855

General Information

  • Cooling: Central Air
  • Electric: Separate Meters
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 12855

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 0x0
  • Lot Size Square Feet: 28750

626 River Oaks Drive Neighborhood

Community

60409 (CALUMET CITY) Demographics

37
Median Age
4,789
Population Density (per sq. mile)
28%
College Educated
$50,640
Estimated Median Income
8,110
Estimated Total Home Owners
6,056
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

626 River Oaks Drive Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

626 River Oaks Drive Market Data

Based on the last 30 days in this zip code

$157,868
Average List Price
$118
Average Price per Square Foot
27
Properties Sold
102
Average Days on Market
200
Properties for Sale
Calculations provided by Reliance Network

626 River Oaks Drive History

Date Event Value Agent
2/9/2026Source: MRED Status Change
Active
2/4/2026Source: MRED Added to Database
February 04, 2026